13th Aug 2014 09:26
LONDON (Alliance News) - Mobile financial services company Vipera PLC said Wednesday its Codd & Date Srl subsidiary has executed a contract for the use of its technology by IfItalia, part of the BNP Paribas Group.
IfItalia has launched a new mobile service in Italy for financial services called IfiMobile, which uses Vipera's Motif platform. The company said that this takes the Motif platform beyond applications for retail customers.
No financial details of the contract were disclosed.
"This particular service is pioneering, and we are seeing a lot of interest from the banking sector for this and other digital services leveraging Vipera technology," said Chief Executive Marco Casartelli in a statement.
Shares in Vipera were trading up 10% at 6.34 pence Wednesday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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